Butterfly Network (BFLY) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Butterfly Network in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BFLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BFLY, but not buy additional shares or sell existing shares.
View BFLY analyst ratings or view top-rated stocks.

1 equities research analysts have issued twelve-month price objectives for Butterfly Network's stock. Their BFLY share price targets range from $2.25 to $2.25. On average, they anticipate the company's share price to reach $2.25 in the next year. This suggests a possible upside of 138.4% from the stock's current price.
View analysts price targets for BFLY or view top-rated stocks among Wall Street analysts.

Butterfly Network's stock was trading at $2.46 at the start of the year. Since then, BFLY shares have decreased by 61.6% and is now trading at $0.9438.
View the best growth stocks for 2023 here.

Butterfly Network saw a decrease in short interest in October. As of October 31st, there was short interest totaling 17,970,000 shares, a decrease of 11.3% from the October 15th total of 20,270,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is presently 8.3 days. Approximately 12.1% of the shares of the company are short sold.
View Butterfly Network's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our BFLY earnings forecast.

Butterfly Network, Inc. (NYSE:BFLY) issued its quarterly earnings data on Thursday, November, 2nd. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.02. The firm earned $15.42 million during the quarter, compared to analysts' expectations of $15.16 million. Butterfly Network had a negative net margin of 180.32% and a negative trailing twelve-month return on equity of 42.63%.

ETFs with the largest weight of Butterfly Network (NYSE:BFLY) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON), ARK Genomic Revolution ETF (ARKG) and Fidelity Digital Health ETF (FDHT).Global X Internet of Things Thematic ETF (SNSR).

Butterfly Network's stock is owned by a number of retail and institutional investors. Top institutional shareholders include ARK Investment Management LLC (6.15%), Northern Trust Corp (0.58%), Charles Schwab Investment Management Inc. (0.54%), Raymond James & Associates (0.45%), Bank of New York Mellon Corp (0.28%) and GSA Capital Partners LLP (0.25%). Insiders that own company stock include Andrei G Stoica, Darius Shahida, David Perri, Heather C Getz, Joseph Devivo, Larry Robbins, Lawrence T Weiss, Mary Miller, Stacey Pugh, Stephanie Fielding, Todd Fruchterman and Troy Quander.
View institutional ownership trends.

Shares of BFLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.